Two Northwestern trustees have donated $2 million to the university to help fund a new on-campus incubator called the “Garage.” The space, modeled after similar labs at Harvard and Stanford, is meant to help raise innovation and entrepreneurship at Northwestern and in the Midwest region to new heights.
Entrepreneurship is a hot topic in business, higher education, and engineering, so MEM students should certainly be excited about this new development. The Garage will be another opportunity for engineers to explore their entrepreneurial side while still in a learning environment, like in the NUvention classes in the Farley Center for Entrepreneurship.
In the end, it’s the students that will make the incubator a success. So far, NUvention alumni are doing pretty well. If you haven’t started filling out your MEM application yet, this might be a good time.